Earnings miss notwithstanding, momentum continued to build for Tesla's stock, which was rallying 11% in after hours trading. That's in large part because the EV maker said it plans on adding to its lineup and marketing a cheaper EV as early as next year, while investing in robotaxis as well. These
Tesla did not respond to requests for comment
Musk’s announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company’s most recent earnings report.
Tesla (NASDAQ:TSLA) stock surged by as much as 11.7% in premarket New York
At the close of Tuesday's trading session, key U.S. stock indices showed gains, with the Dow climbing 0.7% to reach 38,503.69. read more
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.
Tesla’s rocky year — plagued by price cuts, recalls and layoffs — continued Monday as shares of Elon Musk’s electric vehicle company dropped more than 3% ahead of Tuesday’s much-anticipated quarterly earnings. Tesla stock fell for the seventh straight day, closing at $142.05, its lowest price since closing at $133.42 on Jan. 20, 2023. Since
Chris Wilder, the Sheffield United manager, has admitted that as a “traditionalist” he would have preferred the FA Cup format to change the same after today’s confirmation that replays have been scrapped from the first round onwards. The decision, which the EFL has described as "frustrating and disappointing", will come into force from next season. The move to abolish all replays from the first round proper onwards is part of a new agreement between the FA and the Premier League which will see...
These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ Tesla (TSLA): All eyes are on the [EV maker's earnings](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-23-2024/card/tesla-repo
China Is Winning Big On Smaller EVs Smaller is betterat least in the world of building EVs for the Asian market. And while less scrupulous publications might take this opportunity to make stereotypical jokes about height, we'll do no such thing and instead will simply report that according to the IEA's Global Electric Vehicle Outlook 2024, released Tuesday, China dominated the EV market in 2023. In fact, it made up 60% of global sales, according to a new report from Reuters. The...
Shares of Tesla (TSLA) soared more than 15% after the EV maker secured Chinese regulators' support for its self-driving technology.